Hi Kasper,

It did open a trade at 11188.3 on my demo account.

Hello Kasper,

I can confirm a short position @ 11189…

Chao, William

Reiner,

Just want to check two points with you regarding the seasonal multiplier,

ONCE January1 = 3
ONCE January2 = 0
ONCE February1 = 3
ONCE February2 = 3
ONCE March1 = 3
ONCE March2 = 2
ONCE April1 = 1
ONCE April2 = 3
ONCE May1 = 1
ONCE May2 = 1
ONCE June1 = 2
ONCE June2 = 2
ONCE July1 = 3
ONCE July2 = 1
ONCE August1 = 1
ONCE August2 = 1
ONCE September1 = 3
ONCE September2 = 0
ONCE October1 = 3
ONCE October2 = 2
ONCE November1 = 1
ONCE November2 = 3
ONCE December1 = 3
ONCE December2 = 2

if the parameter is 0 does this mean no trade will ever be made during that period?

Also im live with V6 and a short trade opened last night at 11189.8, however it only opened 1 position, why was it not 3 as per the multiplier?

Mark

Maybe not, TSI is going down + price touching higher billinger band….

Update on the Money management: I played around with the code, I think I discovered that we are not only risking 5% of equity, but as much as 63% at one time, so of cause I’d like to ask people to verify my findings.

Reiner, I think we talked about it before a few month back? I just want us to know how much exactly we are risking- and I might be wrong here 🙂

Simplified: I assume that the max risk is from %LOSS and is calculated by the (total-number-of-points-we-are-risking)/equity*100

So lets find the total total-number-of-points-we-are-risking

..this is where I might be wrong so please comment. 🙂

Please add:

note:apparently the Graph instruction does not support the ABS function- so when short there is a -risk- which is of cause not true. disregard the negative numbers

graph (((tradeprice-(tradeprice-(tradeprice*(stoploss/100))))*COUNTOFPOSITION*pipsize*pointvalue)/(equity))*100 COLOURED(0,0,255) AS "MAXRISK"//blue

Then I came up with a positionsizing code- some how more conservative- however that also shows on the profit. I started with a capital of 100000- max risk around 12%

ONCE positionSize = 1

Capital = 100000
Risk = 5 // in %
equity = Capital + StrategyProfit
maxRisk = round(equity * Risk / 100)

ONCE stopLossLong = 5.5 // in %
ONCE stopLossShort = 3.25 // in %
ONCE takeProfitLong = 3.25 // in %
ONCE takeProfitShort = 3.25 // in %
reinvest =1
if reinvest then
positionSize=max(round((equity+Capital)/capital),1)
maxPositionSizeLong = MAX(625, abs(round(maxRisk / (close * stopLossLong / 100) / PointValue) * pipsize))
maxPositionSizeShort = MAX(625, abs(round(maxRisk / (close * stopLossShort / 100) / PointValue) * pipsize))
else
positionSize=1
maxPositionSizeLong = MAX(15, abs(round(maxRisk / (close * stopLossLong / 100) / PointValue) * pipsize))
maxPositionSizeShort = MAX(15, abs(round(maxRisk / (close * stopLossShort / 100) / PointValue) * pipsize))
Endif

cheers Kasper